annual compound (internal) rate of return
Not what you're looking for?
Over the last two years, the XYZ Bond mutual fund owned by the White family, valued at $60,000, has returned them quarterly dividends as follows; -0-; $1800; $1200; -0-; $800; $1000; $1200; $1500. These were all withdrawn as soon as received and not reinvested. If the Whites were to sell this fund now for its current balance and immediately after the time of receipt of the last dividend, what has been their annual compound (internal) rate of return? (Round to nearest decimal place).
Purchase this Solution
Solution Summary
The annual compound (internal) rate of return is assessed.
Purchase this Solution
Free BrainMass Quizzes
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.